NOT LISTED FOR SALE

5860 Romeyn St Detroit, MI 48209

Southwest Detroit Neighborhood

Estimated Value: $112,000 - $174,161

4 Beds
2 Baths
1,320 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $80,000 $61 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $871/month

50 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Heating System Uses Steam
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage

About This Home

As of November 2019

This home is located at 5860 Romeyn St, Detroit, MI 48209 since 25 August 2019 and is currently estimated at $133,540, approximately $101 per square foot. This property was built in 1900. 5860 Romeyn St is a home located in Wayne County with nearby schools including Neinas Dual Language Learning Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Last Agent to Sell the Property

Ghazy Mustapha

The Signature Group Realty, LLC License #6501285659 Listed on: 08/25/2019

Last Buyer's Agent

Gregory Alcala

KW Professionals License #RCO-6501377899

KW Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32.00x120.70

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Walter Crane Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I000925S

Home Details

Home Type

Single Family

Est. Annual Taxes

$901

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 1900
  • State Equalized Value: 11300.0000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 9
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Access
  • Sq Ft Combined: 1820
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1320
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 32
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Oil
  • Heating: Steam
  • Sewer: Sewer at Street
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Detroit

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1110000.0000
  • Lot Size Area: 0.09
  • Lot Dimensions: 32.00X120.70
  • Parcel Number: W16I000925S

Tax Info

  • Tax Amount Summer: 809.0000
  • Tax Amount Winter: 92.0000
  • Total Tax: 901.0000
  • Taxable Value: 9669.0000

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2019
Closed on
Nov 1, 2019
Sold by
Barba Andres and Barba Maria
Bought by
Selasky John Anthony
Seller's Agent
Ghazy Mustapha
The Signature Group Realty, LLC
Buyer's Agent
Gregory Alcala
KW Professionals
List Price
$109,900
Sold Price
$80,000
Premium/Discount to List
-$29,900
-27.21%
Current Estimated Value
$133,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,540
Avg. Annual Appreciation
9.70%
Original Mortgage
$78,551
Outstanding Balance
$70,800
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$65,937
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Selasky John Anthony $80,000 Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selasky John Anthony $78,551
Closed Selasky John Anthony $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $80,000 -19.9% $61 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
09/11/2019 09/11/19 Price Changed $99,900 -9.1% $76 / Sq Ft
08/25/2019 08/25/19 For Sale $109,900 -- $83 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,717 $48,400 $0 $0
2024 $1,717 $40,000 $0 $0
2023 $1,668 $31,000 $0 $0
2022 $1,784 $24,300 $0 $0
2021 $1,733 $17,100 $0 $0
2020 $1,939 $19,200 $0 $0
2019 $936 $14,600 $0 $0
2018 $809 $11,300 $0 $0
2017 $180 $10,000 $0 $0
2016 $904 $16,900 $0 $0
2015 $936 $12,700 $0 $0
2013 $907 $14,067 $0 $0
2010 -- $20,156 $464 $19,692
Source: Public Records

Agents Affiliated with this Home

  • Ghazy Mustapha

    Seller's Agent in 2019

    Ghazy Mustapha

    The Signature Group Realty, LLC

    (313) 712-8000

    1 in this area

    65 Total Sales

    Section Image

  • G

    Buyer's Agent in 2019

    Gregory Alcala

    KW Professionals

    (734) 968-0027

    65 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 219087578

Realcomp

APN: 16-000925

Michigan Wayne County Detroit 48209 Southwest Detroit

5860 Romeyn St, Detroit, MI

This home is located at 5860 Romeyn St, Detroit, MI 48209 since 25 August 2019 and is currently estimated at $133,540, approximately $101 per square foot. This property was built in 1900. 5860 Romeyn St is a home located in Wayne County with nearby schools including Neinas Dual Language Learning Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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